Courtesy Of Pam Gill Of Sutton Central Commercial Real Estate

5024 50 Avenue, Redwater, AB

$710,000

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About 5024 50 Avenue

This unique 6 plex is located in downtown Redwater, Alberta. Built in 1998, wood frame construction. Hot water heating system. Hot water tank replaced in 2004. Each unit has been renovated with plank flooring, stainless steel appliances, separately metered for power. All have separate entrances. Current owner spent over $140,000 in renovation. Excellent mix 1x1 brm/5x2brm. Gross annual income over $78,000. Cap rate of 7.39%.

Features of 5024 50 Avenue

MLS® # E4397851
Price $710,000
Bathrooms 0.00
Acres 0.00
Year Built 1998
Type Multi-Family Commercial
Status Active

Community Information

Address 5024 50 Avenue
Area Redwater
Subdivision Redwater
City Redwater
County ALBERTA
Province AB
Postal Code T0A 2W0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed July 17th, 2024
Days on Market 145
Zoning Zone 60
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Pam Gill Of Sutton Central Commercial Real Estate

Listing Map

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